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Singapore-based Web 3 gaming firm Affyn is set to participate in the annual Grand Prix Season Singapore (GPSS), a 10-day event supported by the Singapore Tourism Board that culminates during the Formula 1 Singapore Grand Prix weekend. According to the team statement, Affyn entered a strategic partnership with GPSS to present a metaverse event to the fans of the Grand Prix. "We are proud to partner with GPSS as it underlines Affyn’s intent to bolster Government initiatives and bring Web 3.0 development to the next level,” said Affyn CEO Lucaz Lee. “As the only official Web 3.0 company partnering with GPSS, an event supported by STB, it is an incredible opportunity to drive awareness of developments in the industry.” The event, titled ‘Web 3.0 | Art Meets Metaverse’, is set to run on Saturday, 16th September 2023, at Suntec City’s Synthesis from 1 PM to 4 PM (local time). The event will include NFT exhibitions from artists around Singapore, a celebrity-hosted panel talk show and experiential zones that allow guests to delve into the metaverse. With Singapore rising as a crypto hub in the East, the involvement of crypto in such a global sporting event blends well in maintaining its verve as the leading crypto hub in Asia. The event aims to educate non-crypto fans on the developments of the metaverse in the art world, dive into discussions on the state of the metaverse industry, interact during the exhibition and learn from experts via their talk shows. In addition, attendees can interact and share with other enthusiasts and dive into how blockchain and the metaverse affect art in the real world today. In other news, Affyn-based gaming title Nexus World Land City will be launching its third wave of land parcels starting August 23. Players will have the chance to claim their land parcels in eight cities, including Amsterdam, Barcelona, Dubai, Kuala Lumpur, Madrid, Manilla, Sydney, and Zurich. Crypto companies’ relationship with F1 extends Despite the recent departures of FTX and Tezos, who sponsored the Mercedes-AMG Petronas F1 Team and Scuderia AlphaTauri, respectively, crypto partnerships with F1 teams have grown, as evidenced by Affyn’s Singapore GP event. Earlier this year, British F1 team Williams Racing entered a strategic partnership with Kraken Exchange to launch a competition to see NFTs showcased around this year's Singapore GP. Other crypto partners in F1 include Bybit, sponsoring Redbull Racing Team in a $150 million deal and Stake.com, an Alfa Romeo Formula One Team sponsor.

Singapore-based Web 3 gaming firm Affyn is set to participate in the annual Grand Prix Season Singapore (GPSS), a 10-day event supported by the Singapore Tourism Board that culminates during the Formula 1 Singapore Grand Prix weekend. According to the team statement, Affyn entered a strategic partnership with GPSS to present a metaverse event to the fans of the Grand Prix. "We are proud to partner with GPSS as it underlines Affyn’s intent to bolster Government initiatives and bring Web 3.0 development to the next level,” said Affyn CEO Lucaz Lee. “As the only official Web 3.0 company partnering with GPSS, an event supported by STB, it is an incredible opportunity to drive awareness of developments in the industry.” The event, titled ‘Web 3.0 | Art Meets Metaverse’, is set to run on Saturday, 16th September 2023, at Suntec City’s Synthesis from 1 PM to 4 PM (local time). The event will include NFT exhibitions from artists around Singapore, a celebrity-hosted panel talk show and experiential zones that allow guests to delve into the metaverse. With Singapore rising as a crypto hub in the East, the involvement of crypto in such a global sporting event blends well in maintaining its verve as the leading crypto hub in Asia. The event aims to educate non-crypto fans on the developments of the metaverse in the art world, dive into discussions on the state of the metaverse industry, interact during the exhibition and learn from experts via their talk shows. In addition, attendees can interact and share with other enthusiasts and dive into how blockchain and the metaverse affect art in the real world today. In other news, Affyn-based gaming title Nexus World Land City will be launching its third wave of land parcels starting August 23. Players will have the chance to claim their land parcels in eight cities, including Amsterdam, Barcelona, Dubai, Kuala Lumpur, Madrid, Manilla, Sydney, and Zurich. Crypto companies’ relationship with F1 extends Despite the recent departures of FTX and Tezos, who sponsored the Mercedes-AMG Petronas F1 Team and Scuderia AlphaTauri, respectively, crypto partnerships with F1 teams have grown, as evidenced by Affyn’s Singapore GP event. Earlier this year, British F1 team Williams Racing entered a strategic partnership with Kraken Exchange to launch a competition to see NFTs showcased around this year's Singapore GP. Other crypto partners in F1 include Bybit, sponsoring Redbull Racing Team in a $150 million deal and Stake.com, an Alfa Romeo Formula One Team sponsor.

Popular metaverse platform, The Sandbox, forms a partnership with Singapore-based Web 3 game development firm, Affyn to create an immersive and more interoperable open metaverse. Announced Monday, The Sandbox, a leading decentralized gaming virtual world, has entered into a partnership with Singapore-based games and metaverse developer, Affyn, to enhance the metaverse experiences for both their players. The partnership aims to extend the interoperable metaverse experiences, offering a first-of-its-kind community-focused, interoperable and open metaverse, connecting creators and collaborators across the globe. The partnership aims to create sustainable Web 3 gaming ecosystems and metaverses, converging the physical and virtual worlds. Following the meeting between the two entities, Lucaz Lee, Ceo and co-founder of Affyn showed excitement about the partnership, promising users and enthusiasts a “more immersive and interactive experience” following the partnership. “Our shared belief and vision of an open metaverse is the driving force behind this collaboration,” Lee said. “We’re confident it will provide gamers, collaborators and virtual world enthusiasts with an even more immersive and interactive experience.” According to a joint statement release, the collaboration aims to bring interoperability within the metaverse and blockchain gaming. The two companies are currently working together to explore interoperability within the open metaverse, allowing for a seamless experience for all communities. As the metaverse community grows, this partnership will allow gamers, creators and collaborators to easily interact across the Sandbox and Affyn metaverse communities. Additionally, the collaboration also aims to educate creators and newcomers in the field, helping them better understand the metaverse and giving them a better opportunity to grow their communities in the metaverse. “The Sandbox has always been a strong advocate of interoperability and decentralisation,” George Wong, Head of Singapore Sandbox said. “We’re excited to see more platforms embracing interoperability as a choice rather than working in independent silos and we hope that this brings forth more creative opportunities and exciting use cases to collaboratively grow the metaverse experience.” Since its launch, The Sandbox has witnessed massive user adoption rates, mainly pushed through its collaboration with A-list stars and global brands. The Web 3 virtual gaming firm has collaborated with over 400 partners including Warner Music Group, Ubisoft, Tony Hawk, Gucci Vault, The Walking Dead, Invincible, Snoop Dogg, Adidas, Deadmau5, Steve Aoki, SM Entertainment, Atari, etc. With Sandbox offering players a platform to create and design their own adventures, the partnership with Affyn will allow players to continuously share stories in the metaverse, bringing together characters and heroes from both virtual worlds into one immersive metaverse. The partnership is set to be unveiled in the upcoming Affyn’s keynote event, Evolution, on May 10 2023, revealing new features of its virtual game and a new game set to launch later this year. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.